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Hewlett-Packard Co. (HPQ) is nearing a deal to sell control of its data-networking business in China to Tsinghua Unigroup Ltd, the Wall Street Journal reported citing people familiar with the matter. Tsinghua Unigroup has emerged as the preferred bidder in an auction of 51% of the business, H3C Technologies...

Danish drug company Novo Nordisk (NVO) said that it has decided to submit the prespecified interim analysis of DEVOTE as part of a Class II Resubmission of the New Drug Applications (NDAs) of Tresiba and Ryzodeg to the US Food and Drug Administration or FDA. The resubmission is expected to take place within the next month.

MorphoSys AG (MPSYY.PK) announced that it has regained rights to MOR202 from Celgene Corp. (CELG). The companies have mutually agreed to terminate their co-development and co-promotion agreement for MOR202. Clinical development of MOR202, which currently involves a MorphoSys-sponsored phase 1/2a trial...

Yahoo! Inc. (YHOO) disclosed in a regulatory filing that its board approved an additional share repurchase program of $2.0 billion which will expire on March 31, 2018. The amount of shares of common stock authorized to be repurchased under the New Repurchase Program is in addition to the amount remaining...

Carnival Corporation & plc (CUK, CCL, CCL.L) said it signed two strategic memorandums of agreement that will add a total of nine new cruise ships to its fleet over a four-year period from 2019 - 2022. The shipbuilding agreements, which include options for additional ship builds in the coming years, are...

BlackRock, Inc. (BLK) and First Reserve reached a definitive agreement with P.M.I., a wholly owned subsidiary of Petroleos Mexicanos or "PEMEX", to acquire approximately forty-five percent equity interest in two natural gas pipelines, Los Ramones Phase II North and Los Ramones Phase II South. Upon...

Biglari Holdings Inc. (BH) announced that Institutional Shareholder Services or "ISS", a leading independent proxy voting advisory firm, has recommended that Biglari Holdings' shareholders vote on the Company's BLUEproxy card and affirmatively reject Groveland Capital's attempt to gain control of the...

Proteon Therapeutics Inc. (PRTO), a company developing novel, first-in-class therapeutics to address the medical needs of patients with kidney and vascular diseases, announced positive results from a long-term analysis of more than three years of follow-up data from a Phase 2 study of its lead candidate,...

Beginning Friday, April 10, Boost Mobile will offer a 32GB Galaxy S6 in Black Sapphire for $649.99 plus tax. Pre-registration is available now at www.boostmobile.com/gs6. "Boost Mobile offers one of the best values in the no-contract wireless category with the $35Data Boost Up plan," said Angela Rittgers,...

Specialty chemicals company Albemarle Corp (ALB) on Thursday said it would increase global prices for elemental bromine and bromine derivatives by 30%, effective immediately, or as contracts allow. Albemarle said the price increases are necessary to ensure investment in customer technical support,...

Spirit Realty Capital Inc (SRC) on Thursday said it has appointed Phillip Joseph, Jr. as chief financial officer. Joseph replaces Michael Bender, who has been appointed to the newly formed position of chief accounting officer, the company said. Both appointments become effective April 20. Joseph...

TriplePoint Venture Growth BDC Corp (TPVG) on Thursday said it is commencing a public offering of 6.5 million of its common shares. TPVG also plans to grant the underwriters a 30-day option to purchase up to an additional 975,000 shares. The company said it plans to use the net proceeds from the...

Home furnishings retailer Restoration Hardware Holdings Inc (RH) on Thursday reported fourth-quarter net earnings of $42.5 million or $1.02 per share compared with $26.6 million or $0.65 per share last year. Revenues for the quarter were up 24% at $582.7 million compared with $471.7 million in the...

Video-game retailer GameStop Corp. (GME) reported net income for the fourth quarter of $244.1 million or $2.23 per share, compared to $220.5 million or $1.89 per share for the year-ago quarter. Excluding items, adjusted net income for the fourth quarter was $235.5 million or $2.15 per share, compared...

Apparel company Oxford Industries Inc (OXM) on Thursday reported fourth-quarter net earnings of $15.8 million or $0.96 per share compared with $15 million or $0.91 per share last year. Excluding items, adjusted earnings for the quarter were $1.08 per share compared with $0.89 per share a year ago. Revenues...

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